Key insight: Trump promises to not sign the bill, but has not said whether he plans to veto it or not. Forward look: The bill becomes law at midnight without Trump’s signature or veto. What’s at stake: A number of community bank-favored riders are in the bill, including two brokered deposit bills. WASHINGTON — President […]
Trump says he won’t sign housing bill Read More »
Application volume for Federal Housing Administration mortgages slowed in May, as did insurance-in-force growth, but the latter is still outpacing private mortgage insurance, an analysis of data by Keefe, Bruyette & Woods found. Processing Content Furthermore, mortgage delinquency trends for FHA, which increased meaningfully following a change in loan modification rules in October, look to
FHA volume slows as delinquencies show signs of easing Read More »
Trade groups have largely welcomed what’s broadly more lenient treatment of securitizations in their comments on the latest U.S. Basel III endgame proposal, but some want to change certain details they fear could cause friction for home loans. Processing Content “The revised proposal reflects meaningful progress, including on several issues that are critical to the
Basel’s looser securitization rules have some snags for MBS Read More »